Sound Recording and Music Publishing

Transcription

1 Catalogue no. 87F0008X. Service bulletin Sound Recording and Music Publishing Highlights In 2009, the Canadian Sound Recording Industry experienced a 3.2% decline in its combined operating revenues from $887.3 million to $858.9 million. The largest industry group, record production and integrated record production and distribution, accounted for about 69% of the total revenue, followed by music publishing at 18%, sound recording studios at 12%, and all other sound recording industries at 1%. Record production and integrated record production and distribution In spite of declining revenues for a third consecutive year, the record production and integrated record production and distribution industry continued to experience an increase in profitability. revenue decreased from $619.4 million in 2008 to $596.3 million in However, during this year businesses reduced their operating expenses by 7.3% to $498.9 million. These reductions contributed to an increase in the operating profit margin to 16.3% in 2009, up from 13.1% in 2008 and 11.8% in As in 2008, Ontario firms accounted for the vast majority of national operating revenues at 77.6%, followed by firms in Quebec with 18.6%. However, for Ontario this figure is down from 80.6% last year while Quebec s figure has increased from 15.7%. The largest proportion of operating expenses were for cost of goods sold at 32.0%, followed closely by royalties, rights, licensing and franchise fees at 28.1% and salaries, wages and benefits at 14.5%. These proportions are very similar to Revenue from sales of digital musical recordings, which include both individual tracks and albums, increased by 48.9% from $53.0 million in 2007 to $79.0 million in However, this did not offset the 25.9% decline in sales from compact discs from $393.8 million in 2007 to $291.8 million in From 2007 to 2009, sales of recordings declined by 22.2% reflecting significant drops in sales by Canadian and non-canadian artists. As was noted last year, foreign-controlled firms generated the majority of industry operating revenues at 74.9%, and operating expenses at 72.3%. Compared with 2008, foreign-controlled firms saw an increase in their operating revenues and a decrease in their operating expenses, yielding a profit margin increase to 19.2% from 16.3%. During this period, Canadian-controlled firms experienced a much larger drop in both their operating revenues and operating expenses, which also resulted in an increased profit margin from 5.8% to 7.7%. Music publishing revenues in the music publishing industry increased 8.3% in 2009 to $153.5 million, while at the same time operating expenses rose by 4.8% to $137.8 million. The industry s profit margin grew from 7.3% in 2008 to 10.3% in 2009.

2 The largest expense item in this industry is royalties, rights and licensing fees which comprised 45.2% of operating expenses, followed by salaries, wages and benefits at 21.4%. Sound recording studios In 2009 the sound recording studio industry saw its operating revenues fall by 16.5% to $98.7 million from $118.3 million in expenses also declined by a similar amount, from $102.2 million to $85.5 million, or 16.4%. These similar declines resulted in the operating profit margin being essentially unchanged at 13.5% in comparison with 13.6% for Almost one-half of the operating expenses in this industry were accounted for by salaries, wages and benefits at 31.5%, and subcontract expenses at 14.8%. Statistical tables Table 1 Summary statistics for the record production and integrated record production and distribution industry, by province and region, 2007 to revenue Salaries, wages and benefits expenses profit margin 2009 p Atlantic provinces Quebec 110,786 16, , Ontario 462,675 52, , Prairie provinces 2 6,069 1,599 5, British Columbia and Territories 3 15,831 1,459 12, Canada 596,346 72, , Atlantic provinces Quebec 97,398 11,083 90, Ontario 499,391 60, , Prairie provinces 2 4,819 1,498 4, British Columbia and Territories 3 16,901 2,021 16, Canada 619,444 74, , r Atlantic provinces 1 1, , Quebec 110,925 13, , Ontario 533,544 68, , Prairie provinces 2 6,042 1,511 5, British Columbia and Territories 3 20,935 3,125 22, Canada 673,431 86, , Atlantic provinces include: Newfoundland and Labrador, Prince Edward Island, Nova Scotia, and New Brunswick. 2. Prairie provinces include: Manitoba, Saskatchewan and Alberta. 3. Territories include: Yukon, Northwest Territories and Nunavut. 4. Starting with the 2006 annual data release, the methodology used to generate provincial data estimates was modified to enhance the quality of these estimates. As a result, provincial data for 2006 and subsequent years, are not comparable to provincial data released prior to classified under record production and integrated record production and distribution. 2 Statistics Canada Catalogue no. 87F0008X

3 Table 2 Summary statistics for the music publishing industry, Canada, 2007 to 2009 revenue Salaries, wages and benefits expenses profit margin 2009 p 153,544 28, , ,742 21, , ,903 22, , classified under , music publishers. Table 3 Summary statistics for the sound recording studio industry, by province and region 2007 to revenue Salaries, wages and benefits expenses profit margin 2009 p Atlantic provinces 1 1, , Quebec 22,349 5,353 19, Ontario 39,491 9,879 34, Prairie provinces 2 9,537 2,089 8, British Columbia and Territories 3 25,606 6,419 22, Canada 98,736 23,878 85, r Atlantic provinces 1 1, , Quebec 31,380 5,172 25, Ontario 48,170 9,918 43, Prairie provinces 2 7,683 1,895 6, British Columbia and Territories 3 29,137 6,737 25, Canada 118,313 24, , Atlantic provinces 1 3, , Quebec 22,744 4,313 19, Ontario 42,120 8,374 34, Prairie provinces 2 6,217 1,133 5, British Columbia and Territories 3 30,616 5,844 26, Canada 104,902 20,092 88, Atlantic provinces include: Newfoundland and Labrador, Prince Edward Island, Nova Scotia, and New Brunswick. 2. Prairie provinces include: Manitoba, Saskatchewan and Alberta. 3. Territories include: Yukon, Northwest Territories and Nunavut. 4. Starting with the 2006 annual data release, the methodology used to generate provincial data estimates was modified to enhance the quality of these estimates. As a result, provincial data for 2006 and subsequent years, are not comparable to provincial data released prior to classified under sound recording studios. Statistics Canada Catalogue no. 87F0008X 3

4 Table 4 Summary statistics for Other sound recording industries, Canada 2007 to 2009 revenue Salaries, wages and benefits expenses profit margin 2009 p 10,238 2,807 7, ,801 2,492 6, ,100 1,524 4, classified under other sound recording industries. Table 5 expenses for the record production and integrated record production and distribution industry, Canada, 2007 to r 2007 r Industry expenditures Salaries, wages and benefits Commissions paid to non-employees F F F Professional and business services fees Subcontract expenses F F 2.1 Charges for services provided by Head Office x Cost of goods sold Office supplies F F F Rental and leasing Repair and maintenance F F F Insurance F F F Advertising, marketing and promotions Travel, meals and entertainment Utilities and telecommunications expenses F F F Property and business taxes, licences and permits F F F Royalties, rights, licensing and franchise fees Delivery, warehousing, postage and courier Financial services fees F F x Amortization and depreciation of tangible and intangible assets Bad debts F F F All other expenses Total operating expenses Total operating expenses exclude write-offs, capital losses, extraordinary losses, interest on borrowing, and other non-recurring items. classified under record production and integrated record production and distribution. The smallest firms, in terms of revenues earned, are not included in these estimates. These firms account for a relatively small portion of total industry revenues. 4 Statistics Canada Catalogue no. 87F0008X

5 Table 6 expenses for the music publishing industry, Canada, 2007 to r 2007 r Industry expenditures Salaries, wages and benefits Commissions paid to non-employees Professional and business services fees Subcontract expenses x x 4.9 Charges for services provided by Head Office 2.8 x x Cost of goods sold x 1.9 x Office supplies F F 1.0 Rental and leasing Repair and maintenance F 1.5 F Insurance F F x Advertising, marketing and promotions F F x Travel, meals and entertainment Utilities and telecommunications expenses F F F Property and business taxes, licences and permits x F x Royalties, rights, licensing and franchise fees Delivery, warehousing, postage and courier F x x Financial services fees F F x Amortization and depreciation of tangible and intangible assets Bad debts F F x All other expenses Total operating expenses Total operating expenses exclude write-offs, capital losses, extraordinary losses, interest on borrowing, and other non-recurring items. classified under , music publishers. The smallest firms, in terms of revenues earned, are not included in these estimates. These firms account for a relatively small portion of total industry revenues. Statistics Canada Catalogue no. 87F0008X 5

6 Table 7 expenses for the sound recording studio industry, Canada, 2007 to r 2007 Industry expenditures Salaries, wages and benefits Commissions paid to non-employees x x x Professional and business services fees Subcontract expenses Charges for services provided by Head Office x x x Cost of goods sold Office supplies Rental and leasing Repair and maintenance Insurance Advertising, marketing and promotions Travel, meals and entertainment Utilities and telecommunications expenses Property and business taxes, licences and permits F F 1.0 Royalties, rights, licensing and franchise fees x x x Delivery, warehousing, postage and courier F x x Financial services fees F F x Amortization and depreciation of tangible and intangible assets Bad debts x x x All other expenses Total operating expenses Total operating expenses exclude write-offs, capital losses, extraordinary losses, interest on borrowing, and other non-recurring items. classified under The smallest firms, in terms of revenues earned, are not included in these estimates. These firms account for a relatively small portion of total industry revenues. 6 Statistics Canada Catalogue no. 87F0008X

7 Table 8 expenses for Other sound recording industries, Canada 2007 to r 2007 r Industry expenditures Salaries, wages and benefits Commissions paid to non-employees x x x Professional and business services fees Subcontract expenses x x 7.9 Charges for services provided by Head Office x F F Cost of goods sold x F x Office supplies Rental and leasing Repair and maintenance Insurance 1.4 F x Advertising, marketing and promotions x Travel, meals and entertainment Utilities and telecommunications expenses Property and business taxes, licences and permits x F x Royalties, rights, licensing and franchise fees x x x Delivery, warehousing, postage and courier F F F Financial services fees 1.2 F F Amortization and depreciation of tangible and intangible assets Bad debts x x x All other expenses Total operating expenses Total operating expenses exclude write-offs, capital losses, extraordinary losses, interest on borrowing, and other non-recurring items. classified under The smallest firms, in terms of revenues earned, are not included in these estimates. These firms account for a relatively small portion of total industry revenues. Statistics Canada Catalogue no. 87F0008X 7

8 Table 9 Profile of the record production and integrated record production and distribution industry, by province and region, 2007 and 2009 Quebec Ontario British Columbia number All other provinces and territories 1 Canada Number of new releases Recordings by Canadian artists x x r Recordings by non-canadian artists ,648 x x 1, r 74 4, ,236 Total , , r 291 4, ,822 Percentage of releases by Canadian artists r revenue Sales of recordings by Canadian artists ,493 49,833 2,897 1,926 81, r 35,624 65,937 4,148 2, ,335 Sales of recordings by non-canadian artists 2009 x 247,162 x x 299, r 43, ,710 4, ,936 Revenue from royalites and rights 2009 x 20,812 x , r 4,083 31,024 4, ,016 All other operating revenue 2009 x 139,910 x x 168, r 22,762 97,844 6,023 2, ,317 Total operating revenue , ,716 14,675 5, , r 106, ,515 19,685 6, ,604 Percentage of sales from recordings by Canadian artists r See notes at the end of the table. 8 Statistics Canada Catalogue no. 87F0008X

9 Table 9 continued Profile of the record production and integrated record production and distribution industry, by province and region, 2007 and 2009 Quebec Ontario British Columbia All other provinces and territories 1 Canada expenses Cost of goods sold 2009 x 127,669 x x 155, r 30, ,865 x x 156,367 Royalties, rights, licensing and franchise fees 2009 x 109,801 x , r 15, ,648 x x 178,249 Salaries, wages and benefits 2009 x 52,426 x 1,402 70, r 12,481 67,331 3,019 1,390 84,222 All other operating expenses ,828 81,900 x x 123, r 40, ,277 8,861 2, ,303 Total operating expenses , ,795 11,469 5, , r 98, ,122 21,376 5, ,142 profit margin r number Employment Full-time employees x x r ,018 Part-time employees x x r Contract workers , r All other provinces and territories include Newfoundland and Labrador, Prince Edward Island, Nova Scotia, New Brunswick, Manitoba, Saskatchewan, Alberta, Yukon, Northwest Territories and Nunavut. Note(s): Due to rounding, components may not add to total. Based on the North American Industry Classification System (NAICS) and includes all establishments classified under record production and integrated record production and distribution. The surveyed portion includes only data for surveyed establishments weighted to represent other establishments that were eligible for sampling but were not selected. The surveyed portion represents approximately 95% of total industry revenue. Statistics Canada Catalogue no. 87F0008X 9

10 Table 10 Profile of the music publishing industry, Canada, 2007 and r Music publishing royalties Licensing of rights to use sound recordings 44,926 14,042 Performing rights 34,958 29,350 Mechanical rights 31,181 32,552 Synchronization rights 7,001 6,897 Print licensing rights Other music publishing rights 2,661 10,965 All other operating revenue 19,200 20,207 Total operating revenue 140, ,037 expenses Royalties, rights or franchise fees 57,173 48,370 Depreciation 5,892 5,279 Salaries, wages and benefits 27,132 20,357 All other operating expenses 36,395 27,476 Total operating expenses 126, ,482 profit margin number Employment Full-time employees Part-time employees Contract workers classified under music publishers. The surveyed portion includes only data for surveyed establishments weighted to represent other establishments that were eligible for sampling but were not selected. The surveyed portion represents approximately 95% of total industry revenue. 10 Statistics Canada Catalogue no. 87F0008X

11 Table 11 Profile of the sound recording studio industry, by province and region, 2007 and 2009 Quebec Ontario British Columbia All other provinces and territories 1 Canada revenue Revenue from studio recording services for production ,725 7,205 10,797 1,374 26, r 8,313 15,636 12,600 2,545 39,094 Revenue from studio recording services for other purposes ,636 18,105 5,923 4,492 35, r 5,902 8,868 8,029 3,001 25,799 On location live recording services 2009 x x x x 2, r x x x x 1,713 Support services for sound recording 2009 x x 1,320 x 2, r 227 x 1,517 x 3,302 All other operating revenue ,672 5,985 x x 14, r x 6,675 x x 16,719 Total operating revenue ,681 32,238 22,404 7,681 81, r 18,502 34,032 27,477 6,617 86,628 expenses Cost of goods sold ,236 2,199 1,311 1,414 7, r 5,320 1,234 4,963 1,120 12,637 Depreciation ,287 1,449 1, , r 995 1,737 2, ,133 Salaries, wages and benefits ,081 9,376 6,247 2,034 22, r 4,134 7,863 5,416 1,380 18,793 All other operating expenses ,621 15,836 11,541 2,842 37, r 5,657 16,770 11,773 3,107 37,308 Total operating expenses ,225 28,860 20,469 6,635 72, r 16,107 27,603 24,179 5,980 73,870 profit margin r See notes at the end of the table. Statistics Canada Catalogue no. 87F0008X 11

12 Table 11 continued Profile of the sound recording studio industry, by province and region, 2007 and 2009 Quebec Ontario British Columbia number All other provinces and territories 1 Canada Employment Full-time employees r Part-time employees r x x 113 Contract workers , r , All other provinces and territories include Newfoundland and Labrador, Prince Edward Island, Nova Scotia, New Brunswick, Manitoba, Saskatchewan, Alberta, Yukon, Northwest Territories and Nunavut. classified under sound recording studios. The surveyed portion includes only data for surveyed establishments weighted to represent other establishments that were eligible for sampling but were not selected. The surveyed portion represents approximately 95% of total industry revenue. Table 12 Number of new releases by nationality of artist and language of lyrics for the record production and integrated record production and distribution industry, Canada, 2007 and r number By Canadian artists English lyrics French lyrics 94 x Other 1 77 x Total By non-canadian artists English lyrics 1,383 2,750 French lyrics 164 x Other x Total 1,931 4,236 All artists English lyrics 1,784 3,039 French lyrics Other ,535 Total 2,503 4, Includes instrumental music and lyrics other than English or French. Note(s): Due to rounding, components may not add to total. Excludes recordings distributed for another organization, finished products purchased for resale, music videos and singles. Based on the North American Industry Classification System (NAICS) and includes all establishments classified under record production and integrated record production and distribution. The surveyed portion includes only data for surveyed establishments weighted to represent other establishments that were eligible for sampling but were not selected. The surveyed portion represents approximately 95% of total industry revenue. 12 Statistics Canada Catalogue no. 87F0008X

13 Table 13 Number of new releases by nationality of artist and musical category for the record production and integrated record production and distribution industry, Canada, 2007 and r number By Canadian artists Popular music/rock Classical x x Jazz and blues 13 x Country and folk 128 x Children s x 47 Urban/rap x x Other 1 x x Total By non-canadian artists Popular music/rock 1,149 1,741 Classical x x Jazz and blues 112 x Country and folk 77 x Children s x 106 Urban/rap x x Other 1 x x Total 1,931 4,236 All artists Popular music/rock 1,417 1,918 Classical Jazz and blues Country and folk Children s Urban/rap Other Total 2,503 4, Includes soundtracks, latin, alternative, etc. Note(s): Due to rounding, components may not add to total. Excludes recordings distributed for another organization, finished products purchased for resale, music videos and singles. Based on the North American Industry Classification System (NAICS) and includes all establishments classified under record production and integrated record production and distribution. The surveyed portion includes only data for surveyed establishments weighted to represent other establishments that were eligible for sampling but were not selected. The surveyed portion represents approximately 95% of total industry revenue. Statistics Canada Catalogue no. 87F0008X 13

14 Table 14 Revenue from sales of recordings by musical category for the record production and integrated record production and distribution industry, Canada, 2007 and r Popular music/rock 258, ,651 Classical 13,980 15,251 Jazz and blues 8,918 18,589 Country and folk 12,578 24,525 Children s x 11,057 Urban/rap x 25,887 Other 1 70,347 80,310 Total 380, , Includes soundtracks, latin, alternative, etc. Note(s): Due to rounding, components may not add to total. Excludes recordings distributed for another organization, finished products purchased for resale and music videos. Based on the North American Industry Classification System (NAICS) and includes all establishments classified under record production and integrated record production and distribution. The surveyed portion includes only data for surveyed establishments weighted to represent other establishments that were eligible for sampling but were not selected. The surveyed portion represents approximately 95% of total industry revenue. Table 15 Sales and number of units sold by format for the record production and integrated record production and distribution industry, Canada, 2007 and r number Number of musical recordings by format Compact discs 56,316,890 38,785,393 Cassette tapes x 9,132 Vinyl albums Electronic music files 1 76,686,686 x Other (DVD audio, etc.) x x Total 133,451,150 70,842,663 Sales of musical recordings by format Compact discs 291, ,801 Cassette tapes 6 x Vinyl albums Electronic music files 1 78,978 53,033 Other (DVD audio, etc.) 9,635 x Total 380, , Electronic music files include individual tracks and albums. Note(s): Due to rounding, components may not add to total. Excludes recordings distributed for another organization, finished products purchased for resale and music videos. Based on the North American Industry Classification System (NAICS) and includes all establishments classified under record production and integrated record production and distribution. The surveyed portion includes only data for surveyed establishments weighted to represent other establishments that were eligible for sampling but were not selected. The surveyed portion represents approximately 95% of total industry revenue. 14 Statistics Canada Catalogue no. 87F0008X

15 Table 16 Profile of the Canadian-controlled and foreign-controlled record production and integrated record production and distribution industry, Canada, 2007r to 2009 Canadian-controlled Foreign-controlled r r Number of new releases Recordings by Canadian artists Recordings by non-canadian artists x 1,749.. x Total x 1,798.. x number revenue Sales of recordings by Canadian artists 58, ,017 22, ,317 Sales of recordings by non-canadian artists 48, , , ,294 Revenue from royalties and rights 8, ,244 23, ,772 All other operating revenue 30, , , ,705 Total operating revenue 145, , , , , ,088 expenses Cost of goods sold 42,261 56,987 53, , , ,763 Royalties, rights, licensing and franchise fees 18,627 21,210 22, , , ,849 Salaries, benefits and freelance fees 22,921 25,425 25,649 47,710 47,958 58,573 All other operating expenses 50,712 63,253 63,989 72,418 76,277 96,314 Total operating expenses 134, , , , , ,499 profit 11,263 10,275 11,873 83,654 69,764 67,589 profit margin classified under record production and integrated record production and distribution. The surveyed portion includes only data for surveyed establishments weighted to represent other establishments that were eligible for sampling but were not selected. The surveyed portion represents approximately 95% of total industry revenue. Data sources, definitions and methodology Description This annual sample survey collects data required to produce economic statistics for the Sound Recording and Music Publishing Industry in Canada. Data collected from businesses are aggregated with information from other sources to produce official estimates of national and provincial economic production for this industry. Survey estimates are made available to businesses, governments, investors, associations, and the public. The data are used to monitor industry growth, measure performance, and make comparisons to other data sources to better understand this industry. Target population The target population consists of all statistical establishments (sometimes referred to as firms or units) classified to the Sound Recording Industries according to the North American Industry Classification System (NAICS) during the reference year. Definitions revenue excludes investment income, capital gains, extraordinary gains and other non-recurring items. Statistics Canada Catalogue no. 87F0008X 15

16 expenses exclude write-offs, capital losses, extraordinary losses, interest on borrowing, and other non-recurring items. profit margin is derived as follows: operating revenue minus operating expenses, expressed as a age of operating revenue. The derived figure excludes corporation income tax paid by incorporated businesses and individual income tax paid by unincorporated businesses. For unincorporated businesses, operating profit margin includes unpaid remuneration to partners and proprietors, which is not recorded as salaries, wages and benefits. Therefore the profit estimate will be higher in industries where unincorporated proprietorships and partnerships are significant contributors. Salaries, wages and benefits include vacation pay and commissions for all employees for whom a T4 slip was completed. This category also includes the employer portion of employee benefits for items such as Canada/Quebec Pension Plan or Employment Insurance premiums. Salaries and wages do not include working owners dividends nor do they include the remuneration of owners of unincorporated business. Therefore the relative level of salaries, wages and benefits will be lower in industries where unincorporated businesses are significant contributors. Sampling This is a sample survey with a cross-sectional design. The survey design was based on probability sampling and only covered the portion of the frame subject to direct data collection. The basic objective of the survey is to produce estimates for the whole industry for incorporated and unincorporated businesses. The data come from two different sources: a sample of all businesses with revenue above or equal to a certain threshold and administrative data for businesses with revenue below the threshold, which are excluded from sampling. The excluded portion represents a substantial proportion of the industry in terms of number of establishments, but its contribution to the overall industry revenue is only about 5%. It should be noted that for this excluded portion, only certain financial information is obtained from administrative sources; e.g., total revenue, expenses such as depreciation and salaries, wages and benefits. (Note: the threshold varies between industries and between provinces in the same survey.) The frame is the list of establishments from which the portion eligible for sampling is determined and the sample is taken. The frame provides basic information about each firm including: address, industry classification and other administrative information. The frame is referred to as the Business Register and is updated regularly using administrative data. Prior to the selection of a random sample, establishments are classified into homogeneous groups (i.e., groups with the same industry, same geography (province/territory)). Quality requirements are targeted, and then each group is divided into sub-groups called strata: take-all, must-take, and take-some. The take-all stratum represents the largest firms in terms of performance (based on revenue). The must-take stratum is comprised of units selected on the basis of complex structure characteristics (multi-establishment, multi-legal, multi-naics, or multi-province enterprises), as well as selected establishments whose particular industry characteristics make it essential that they be included. All take-all and must-take firms are selected to the sample. Units in the take-some strata are subject to simple random sampling. Finally, the sample size is inflated to compensate for firms that are found to no longer belong in the industry, such as those that have gone out of business, changed their primary business activity, are inactive, or are duplicates on the frame. The effective sample size for the 2009 Sound Recording and Music Publishing survey was 348 collection entities. 16 Statistics Canada Catalogue no. 87F0008X

17 Quality evaluation Prior to dissemination, combined survey results are analyzed for comparability. In general, this includes a detailed review of individual responses (especially for the largest companies), general economic conditions, historic trends, and comparisons with other data sources. Data quality While considerable effort is made to ensure high standards throughout all stages of collection and processing, the resulting estimates are inevitably subject to a certain degree of error. These errors can be broken down into two major types: non-sampling and sampling. Non-sampling error is not related to sampling and may occur for many reasons. For example, non-response is an important source of non-sampling error. Population coverage, differences in the interpretation of questions, incorrect information from respondents, and mistakes in recording, coding and processing data are other examples of non-sampling errors. Sampling error occurs because population estimates are derived from a sample of the population rather than the entire population. Sampling error depends on factors such as sample size, sampling design, and the method of estimation. An important property of probability sampling is that sampling error can be computed from the sample itself by using a statistical measure called the coefficient of variation (CV). The assumption is that over repeated surveys, the relative difference between a sample estimate and the estimate that would have been obtained from an enumeration of all units in the universe would be less than twice the CV, 95 times out of 100. The range of acceptable data values yielded by a sample is called a confidence interval. Confidence intervals can be constructed around the estimate using the CV. First, we calculate the standard error by multiplying the sample estimate by the CV. The sample estimate plus or minus twice the standard error is then referred to as a 95% confidence interval. Disclosure control Statistics Canada is prohibited by law from releasing any data that would divulge information obtained under the Statistics Act that relates to any identifiable person, business or organization without the prior knowledge or the consent in writing of that person, business or organization. Various confidentiality rules are applied to all data that are released or published to prevent the publication or disclosure of any information deemed confidential. If necessary, data are suppressed to prevent direct or residual disclosure of identifiable data. Data accuracy Of the units contributing to the estimate, the (weighted) response rate was 86.4%. CVs were calculated for each estimate and are available upon request. Related products Selected CANSIM tables from Statistics Canada Sound recording and music publishing, summary statistics, by North American Industry Classification System (NAICS), annual(dollars unless otherwise noted) (76 series) Sound recording and music publishing, operating expenses, by North American Industry Classification System (NAICS), annual() (105 series) Statistics Canada Catalogue no. 87F0008X 17

18 Survey(s) Definitions, data sources and methods: survey number Annual Survey of Service Industries: Sound Recording and Music Publishing Publications Service Industries Newsletter, Catalogue no X. Analytical paper series - Service Industries Division, Catalogue no. 63F0002X. Release date: March 2011 Symbols The following standard symbols are used in Statistics Canada publications:. not available for any reference period.. not available for a specific reference period... not applicable 0 true zero or a value rounded to zero 0 s value rounded to 0 (zero) where there is a meaningful distinction between true zero and the value that was rounded p preliminary r revised x suppressed to meet the confidentiality requirements of the Statistics Act E use with caution F too unreliable to be published To access this product This product, Catalogue no. 87F0008X, is available free in electronic format. To obtain a single issue, visit our website at and browse by Key resource > Publications. Frequency: Irregular / ISSN For information on the wide range of data available from Statistics Canada, please call our national inquiries line at Cette publication est également disponible en français. Published by authority of the Minister responsible for Statistics Canada. Minister of Industry, All rights reserved. The content of this electronic publication may be reproduced, in whole or in part, and by any means, without further permission from Statistics Canada, subject to the following conditions: that it be done solely for the purposes of private study, research, criticism, review or newspaper summary, and/or for non-commercial purposes; and that Statistics Canada be fully acknowledged as follows: Source (or Adapted from, if appropriate): Statistics Canada, year of publication, name of product, catalogue number, volume and issue numbers, reference period and page(s). Otherwise, no part of this publication may be reproduced, stored in a retrieval system or transmitted in any form, by any means electronic, mechanical or photocopy or for any purposes without prior written permission of Licensing Services, Client Services Division, Statistics Canada, Ottawa, Ontario, Canada K1A 0T6. Standards of service to the public Statistics Canada is committed to serving its clients in a prompt, reliable and courteous manner. To this end, Statistics Canada has developed standards of service that its employees observe. To obtain a copy of these service standards, please contact Statistics Canada toll-free at The service standards are also published on under About us > The agency > Providing services to Canadians. Note of appreciation Canada owes the success of its statistical system to a long-standing partnership between Statistics Canada, the citizens of Canada, its businesses, governments and other institutions. Accurate and timely statistical information could not be produced without their continued cooperation and goodwill. 18 Statistics Canada Catalogue no. 87F0008X